Buzzi (OTCMKTS:BZZUY) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Buzzi S.p.A. (OTCMKTS:BZZUY)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $27.05 and traded as high as $27.05. Buzzi shares last traded at $27.05, with a volume of 1,813 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Citigroup reissued a “neutral” rating on shares of Buzzi in a report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Buzzi Price Performance

The business has a 50 day moving average price of $27.05 and a two-hundred day moving average price of $28.66.

About Buzzi

Buzzi Unicem S.p.A., trading in the United States under the ticker OTCMKTS:BZZUY, is an international manufacturer and distributor of cement, ready-mix concrete and aggregates. Headquartered in Casale Monferrato, Italy, the company operates integrated production facilities that supply key construction markets. Its primary activities encompass quarrying, cement production, concrete batching and logistics for building materials, serving both commercial and infrastructure projects.

With a broad geographic footprint, Buzzi Unicem maintains operations across Western and Eastern Europe, North America and select markets in Latin America.